McCarthy set to send the House home without a debt limit deal
House Speaker Kevin McCarthy appears set to send members home after votes on Thursday, signaling that debt negotiations with the White House will continue as the risk of a first-ever default grows.
2023-05-25 17:20
Social Security payments could be delayed due to debt ceiling impasse
If the US is not able to pay all its bills for the first time ever, senior citizens could quickly feel the pain.
2023-05-25 06:53
Are investors finally nervous about the US debt ceiling?
US financial markets falter as debt ceiling talks continue. So is Wall Street getting nervous?
2023-05-25 03:50
White House criticizes Republicans, says 'preventing default' is not a concession
By Andrea Shalal and Nandita Bose WASHINGTON The White House on Wednesday criticized Republicans and said averting default
2023-05-25 03:45
Change in tone in U.S. debt talks could prompt rating action before default -Moody's
By Davide Barbuscia NEW YORK Rating agency Moody's expects the U.S. government will continue to pay its debts
2023-05-25 02:27
Industrial suppliers face a rocky road if U.S. defaults on debt- AEM
By Aishwarya Nair A failure to break the deadlock on raising the U.S. debt ceiling before the deadline
2023-05-25 01:55
From Social Security to your investments, here's how to prepare for a US default
Treasury Secretary Janet Yellen reaffirmed June 1 as the hard deadline to raise the debt ceiling on Monday. How can Americans prepare for a US default if the debt limit doesn't get raised?
2023-05-25 01:49
Don't expect markets to rejoice if a deal is reached on the debt ceiling
Markets will want to breathe a sigh of relief if lawmakers can reach a deal on the debt ceiling to avoid a default. But markets can't always get what they want.
2023-05-25 00:18
Why this Washington debt limit showdown is different
Investors and the public have been content to largely brush off the slow-motion Washington march toward a self-imposed economic catastrophe.
2023-05-24 23:59
Major differences remain over spending cuts and other key issues as debt limit deadline looms
Negotiations are continuing to unfold in an attempt to reach a debt limit deal, but major differences between House Republicans and the White House have yet to be bridged, and the pressure is only intensifying as the risk of default grows ever more real with each day.
2023-05-24 23:45
Explainer-U.S. debt ceiling focus on 'discretionary spending' means cuts ahead
By Jarrett Renshaw and Andy Sullivan WASHINGTON (Reuters) -The central pillar of any debt-ceiling agreement between President Joe Biden and
2023-05-24 22:47
White House, Republicans plan to convene on US debt ceiling as deadline looms
By Moira Warburton, Nandita Bose and Gram Slattery WASHINGTON Negotiators for Democratic President Joe Biden and Republican Speaker
2023-05-24 19:22